FR Y14M B1: CCHEM247 Evergreen_&_HELOC Loans
(Doc ID 2607059.1)
Last updated on NOVEMBER 11, 2019
Applies to:Oracle Financial Services - Regulatory Reporting for US Federal Reserve - Lombard Risk Integration Pack - Version 8.0.8 and later
Information in this document applies to any platform.
Report: FR Y14M B1:
As per the instruction for MDRM CCHEM247 state to leave the MDRM blank for Home Equity Loans, and to use ‘999’ if the borrower is always allowed to draw on the account (“evergreen_accounts”).
There is no method to populate evergreen_loans and generate the ‘999’ required by the form
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